A few comments from Steven Kopits of Princeton Energy Advisors LLC on May 11, 2018: • Total US oil rigs were up, +10 to 844 • Horizontal oil rigs, however, were only up +2 at 745…• Oil rig additions came in the neglected ‘directional’ category, but only represented the recovery off rigs taken off...Read more »

Wednesday:• At 7:00 AM ET, the Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. It is pretty clear that there will not be a rate hike at the FOMC meeting next week, but the Fed will want to keep the April and June meetings in play. From Jon...Read more »

Question by treehugger_06: Can a lender agreeing to short sale keep you out of foreclosure? My coworker is in short sale with his lender. I am familiar with the Mortgage Debt Relief Act of 2007, but I don’t know if he is in short sale trying to sell the property, if the bank can...Read more »